Banks including Citigroup Inc. and Wells Fargo & Co. will work with the Fed’s New York Innovation Center on a new network as part of the 12-week test. The technology -- known as a regulated liability network -- will allow banks to simulate issuing digital money representing their customers’ own funds before settling through.... #CBDC#Crypto#Cash

The internal digital ID and programmable CBDC rationing credits according to your social credit score system will not permit the purchase a home, car, firearms or meat and will have an expiration date so you can not save to have wealth.

They're gonna do this right after the FTX thing? smh